The CUANY said it has been advocating aggressively for the state legislation because burdensome ATM fee disclosure regulations have created legal and financial issues for many credit unions. Lawsuits also have been an issue.

The Assembly bill was introduced by Assemblywoman Annette Robinson (D-Metropolitan), and the Senate bill was introduced by Sen. Joseph Griffo (R-Utica-Rome/Central).

“We commend Gov. Cuomo, Assemblywoman Robinson and Senator Griffo for their outstanding leadership and support on this important issue,” said CUANY President/CEO William J. Mellin. “In addition, I want to acknowledge the grassroots efforts of many credit union leaders, which played an important role in this legislative victory.”